Exclusive: Hedge fund Whitebox places big bet on gunmaker Remington - sources
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(Reuters) - Whitebox Advisors LLC, a credit-focused hedge fund, has been quietly capitalizing on Wall Street's ambivalence towards gun manufacturers by replacing some banks as a lender to Remington Outdoor Company.Whitebox, whose assets under management have grown from $2 billion (1.5 billion pounds) to $6 billion in the last six years, became a major lender to Remington this year, according to people familiar with the transactions that allowed it to build its position. Minneapolis-based..